This Week
  • Siblings Bradley Calkins and Katherine Lindahl are co-CEOs of Rochester Midland.

  • Kelby Russell wants you to know: Local wines are among the world's finest.

  • The number of temporary help employees locally has grown since the recession.

  • Employee cross-training has become essential for organizations to run smoothly.

  • P3 Systems Inc. sells and services new and refurbished networking equipment.

  • Challenges mount for area companies that do business in Russia.

Closing USA acquires key stake in West Coast firm

Rochester Business Journal
May 18, 2012

Closing USA LLC, a Gates title and escrow firm, has acquired a controlling interest in a California company, officials announced Friday.

The acquisition of Glendale-based American Coast Title Inc. gives the local company access to the California market, which accounts for nearly 25 percent of all real estate transactions, Closing USA president and CEO Elliot Foo said in a statement.

American Coast Title’s expertise in the southern California market and Closing USA’s national customer base provide excellent synergies, Foo said.

ACT also has an office in San Diego and plans to open an office in Orange County, officials said.

Closing USA employed 66 at the Rochester Technology Park when it was approved for tax breaks in February by the County of Monroe Industrial Development Agency to expand its offices and add 100 jobs over five years.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email
service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google